All Forum Posts by: Mason Weiss

Hi Kyle,

I am relocating to Phoenix in a few months for work and am looking to House Hack into my first rental property. With that said, I've done some research on the market and found the following information helpful in my considerations for Phoenix that you might find helpful as well:
 

•  Demand for both buying and renting property remains high due to the city's strong economy and growing population.
•  The median home value in Phoenix as of April 2023 was $368,657, which is a 23.5% increase from the previous year.
•  The limited housing supply has resulted in increased competition among buyers and higher prices.
•  The rental market in Phoenix has seen significant rent increases over the past few years, which has led to affordability challenges for many renters.
•  Some renters are choosing to relocate to more affordable cities within the Phoenix metro area.
•  The Phoenix real estate market remains strong and is expected to continue growing in the coming years.
  
  This is what my research showed me about the market, but two things should be duly noted here. First, conducting thorough research and due diligence before making any investment decisions is crucial. Second, working with a local real estate professional who has experience and expertise in the Phoenix market can be helpful in navigating the current market conditions. 
  
  Hope this helped out some, Kyle, and I look forward to connecting with you in the future!

I live near Phoenix and looking to invest locally. Is Phoenix a good market?

Hey Mason

Most defenetly I would love to attend just let me know time and place 

thank you for reaching out 

I have listed multiple MTRs on Zillow. They offer a month to month option and temporary/sublet for lease length. I hope that helps!

I recently attended the MTR Summit and learned there’s a lot of opportunity for high end properties. In areas with higher home values like Cali, DC, and other expensive markets you could use a luxury property for insurance claims. When families are displaced in these expensive markets they want a house similar to (or even nicer than) their current home. ALE Solutions is a popular site to list your house for insurance relocation claims but it requires networking with insurance agencies and real estate agents to get visibility. Zillow is also another place I’ve listed and gotten messages from insurance relocation specialists and corporate clients. 

Monthly event ? i would be interested